Ladder Capital Corp (NYSE:LADR – Get Free Report) has earned an average recommendation of “Buy” from the four brokerages that are currently covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a buy rating. The average 12-month price objective among brokers that have covered the stock in the last year is $12.70.
LADR has been the subject of a number of recent analyst reports. Keefe, Bruyette & Woods lowered their price objective on Ladder Capital from $12.75 to $12.50 and set an “outperform” rating for the company in a research report on Wednesday, April 10th. StockNews.com upgraded Ladder Capital from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, June 25th. Finally, Wolfe Research began coverage on shares of Ladder Capital in a research report on Tuesday, June 25th. They issued an “outperform” rating and a $13.00 price objective for the company.
Read Our Latest Analysis on LADR
Institutional Inflows and Outflows
Ladder Capital Stock Performance
Shares of NYSE:LADR opened at $11.29 on Tuesday. The firm has a 50 day moving average of $11.07 and a 200 day moving average of $11.05. Ladder Capital has a 52 week low of $9.08 and a 52 week high of $12.00. The company has a quick ratio of 88.41, a current ratio of 88.40 and a debt-to-equity ratio of 2.41. The company has a market capitalization of $1.43 billion, a price-to-earnings ratio of 14.86 and a beta of 1.92.
Ladder Capital Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 28th will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 8.15%. The ex-dividend date is Thursday, June 27th. Ladder Capital’s payout ratio is 121.05%.
Ladder Capital Company Profile
Ladder Capital Corp operates as an internally-managed real estate investment trust in the United States. It operates through three segments: Loans, Securities, and Real Estate. The Loans segment originates conduit first mortgage loans that are secured by cash-flowing commercial real estate; and originates and invests in balance sheet first mortgage loans secured by commercial real estate properties that are undergoing transition, including lease-up, sell-out, and renovation or repositioning.
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